Nearly $2.8 million to support the economic, tourism and community development of Rouyn-Noranda

May 19, 2017 – Rouyn-Noranda, Quebec – Canada Economic Development for Quebec Regions (CED)

Acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, the Honourable Diane Lebouthillier, Minister of National Revenue, took the opportunity to announce that $2,786,548 in financial support, in the form of repayable and non-repayable contributions, has been granted to four businesses and three organizations in Rouyn‑Noranda.

By ensuring that the businesses and organizations have adequate resources to invest in their growth and to implement mobilizing community projects, the Government of Canada is contributing to the creation of quality jobs in Rouyn-Noranda and helping improve the quality of life of residents.

First, the funding awarded to AirMP Inc. ($1,500,000), Technosub ($443,000) and CompuSport Inc. ($402,892) through CED’s Quebec Economic Development Program (QEDP) will help these businesses acquire production equipment or commercialize their products abroad to ensure growth. The three projects are expected to create over 15 jobs eventually.

Still under the QEDP, the funding granted to Best Western Plus Hôtel Albert Centre-Ville ($141,500) and the Festival des Guitares du Monde en Abitibi-Témiscamingue ($89,771) [websites in French only] will foster the development of tourism in the region, a sector that generates substantial economic benefits every year.

Lastly, Club Kiwanis ($191,505) and Vélo-Cité ($17,880) [websites in French only] have been granted funding under the Canada 150 Community Infrastructure Program (CIP150) to improve and promote access to Noranda and Osisko lakes.

CED is one of six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.